Extremely important positive changes in investment behavior have recently occurred for Radcom Ltd (NASDAQ: RDCM): the stock rose on very heavy volume, and positive upside/downside volume developed.
Notable positive changes in Radcom Ltd (NASDAQ: RDCM) fundamentals have recently occurred: the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, RDCM is expected to be a Value Builder.
Radcom has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Radcom has a poor Appreciation Score of 29 but a good Power Rating of 73, and the Neutral Value Trend Rating results.
Recent Price Action
On 7/31/24, Radcom Ltd (NASDAQ: RDCM) stock enjoyed a very large increase of 6.4%, closing at $10.24. Moreover, this advance was accompanied by exceptionally high trading volume at 251% of normal. Relative to the market the stock has been strong over the last nine months and has risen 2.8% during the last week.
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